November 11, 2022 UPDATE:  The Federal Student Loan Debt Relief Program has been blocked by a federal judge.  The Department of Education is no longer taking applications as of today.

On August 24, 2022, President Biden announced federal student loan forgiveness plans of up to $20,000 for prior Pell Grant recipients and up to $10,000 for all other loan borrowers. To be eligible, the borrower’s annual income must be below $125,000 for individual tax filers or $250,000  for those who filed jointly or as head of household.

The Federal Student Loan Debt Relief Application is now live on the Department of Education website: https://studentaid.gov/debt-relief/application. For those borrowers who cannot apply online, ED plans on making a paper version of the form available soon. The online application will remain open through December 31, 2023, but borrowers are encouraged to apply by mid-November 2022 to receive relief before the repayment pause until no later than June 30, 2023. Borrowers can view their loan balances and check whether they received a Pell Grant by logging into their Federal Student Aid account online at studentaid.gov.

It is our understanding the loan forgiveness plan applies to federal student loans disbursed prior to July 1, 2022. Please visit studentaid.gov/debt-relief-announcement/ for the most up-to-date information.

In addition to the loan forgiveness plans, a final pause of federal student loan repayments was announced to be no later than June 30, 2023.

The University of Utah is no longer accepting applications for new Income Share Agreement (ISA) contracts. ISA information provided on our website is for historical and informational purposes only. If you are a current or past ISA recipient and have questions, please contact the University Office of Scholarships and Financial Aid.

The Department of Education is discontinuing the myStudentAid mobile app on June 30, 2022. Visit studentaid.gov to complete the FAFSA or access your Federal Student Aid account.